4 bed, 4 bath, 3,839 sqft on 0.06 acres in Austin. Austin, TX 78731. $1,700,052. Austin ISD.
About This Home
Welcome to The Grove, one of Austin’s most vibrant mixed-use communities where modern living meets urban convenience. Thoughtfully planned, The Grove offers an unmatched lifestyle surrounded by parks, trails, and green spaces that celebrate the natural beauty of Shoal Creek. Residents enjoy boutique shopping, fitness studios, wellness centers, and some of Austin’s best dining just steps from their door. With a pedestrian-friendly design and a central location, The Grove is ideal for those who value connection, recreation, and the energy of city living. This exquisite four-story Olivette D townhome by M Signature Homes blends elegance with ease of living. Spanning 3,839 square feet, the residence features four bedrooms, four full baths, and two half baths. A private elevator provides access to each level, beginning with a welcoming first-floor guest suite that offers comfort for visitors or multi-generational living. The heart of the home is the chef’s kitchen with 10-foot cabinetry, a quartz-topped center island, and refined finishes that balance style and function. The expansive owner’s suite offers a true retreat with a spa-inspired wet room that includes a freestanding tub and rejuvenating shower. Multiple living areas, two private covered balconies, durable RevWood flooring, professional landscaping, and a striking European-inspired exterior complete this luxury home. A two-car garage ensures convenience and security. The 4th floor includes another bedroom with private bath. Perfectly situated at the corner of 45th Street and Bull Creek Road, The Grove places you minutes north of downtown Austin and close to the city’s most desirable destinations. A pedestrian bridge connects residents to Central Market, while Shoal Creek trails invite outdoor enjoyment. With easy access to employment centers, cultural attractions, shopping, dining, and entertainment, The Grove offers a true lock-and-leave lifestyle in the heart of Austin.
At $443 per square foot, 4201 Prevail Ln puts 3,839 square feet of brand-new 2026 construction in Austin at one of central Austin's most connected addresses. At 4201 Prevail Ln in Austin, TX 78731, this $1.70 million residential townhouse combines four bedrooms, four full baths, two half baths, and a lock-and-leave setup that is hard to find at this size in Travis County.
This four-story home is built for buyers who want the feel of a single-family layout without the maintenance of a large yard. The lot is 0.059 acres, which shifts the value here toward interior volume, newer systems, and walkable surroundings instead of extra land. A private elevator serves each level, the first floor works well for guests or multigenerational living, and the upper floors create clear separation between sleeping areas, entertaining space, and office flexibility. Two covered balconies add outdoor space without the upkeep that comes with a larger lot, and a two-car garage matters in this part of Austin where parking and access still shape daily convenience.
Living in Austin means buying into The Grove's location as much as the floor plan itself. Bull Creek Road and West 45th Street anchor the area, and the pedestrian bridge to Central Market is one of the real advantages of this address because it turns a grocery run, coffee stop, or weeknight dinner into a short walk instead of another drive. Shoal Creek Trail is close for morning runs and dog walks, and quick access to MoPac gives this address strong reach across the city. Typical drive times are about 10 to 15 minutes to Downtown Austin and roughly the same to The University of Texas campus outside peak traffic.
The current property data does not list a school district or assigned campuses, so school zoning should be verified directly before contract. What is clear is the broader appeal of this 78731 location: you are near central Austin employers, medical centers, daily retail, and green space, all while living in a newer townhouse product that remains relatively limited in this part of the market. After 37 days on market, 4201 Prevail Ln still stands out for its 2026 build, efficient vertical layout, and address inside one of Austin's most active mixed-use communities. For buyers focused on long-term convenience, low-maintenance ownership, and central Austin staying power, this is the kind of property that should keep its relevance well beyond the first move-in.
The numbers behind this insight
- Offered at
- $1,700,052
- Listed
- January 6, 2026
- Asking price per sq ft
- $443
- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.06 acres
- Price / Sq Ft
- $443
- HOA
- $437/mo
- Garage
- 2 spaces
Listing information last updated April 4, 2026.
Listed by Outlaw Realty
MLS# 3132130 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Quartz Counters
- Double Vanity
- Elevator
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Pantry
- Recessed Lighting
- Smart Thermostat
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Disposal
- ENERGY STAR Qualified Appliances
- Gas Cooktop
- Microwave
- RNGHD
- Refrigerator
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Water Heater
- Tankless Water Heater
- No Carpet
- Tile
- Vinyl
- Wood
- Heating
- Central,ENERGY STAR Qualified Equipment,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air,ENERGY STAR Qualified Equipment,Exhaust Fan
Exterior & Lot
- Balcony
- Rain Gutters
- Lighting
- Pest Tubes in Walls
- Frame
- Glass
- ICAT Recessed Lighting
- Blown-In Insulation
- Masonry – Partial
- Radiant Barrier
- Stone
- Stucco
- Alley
- Curbs
- Front Yard
- Landscaped
- Front Yard
- Gate
- Slab
- Covered
- Patio
- Roof
- Composition
- Lot Size
- 0.06 Acres
- Alley Access
- Attached
- Door-Single
- Garage
- Garage Door Opener
- Garage Faces Rear
- Garage Spaces
- 2
Financial
- HOA Fee
- $437 / mo
- Original List Price
- $1,700,052
- Price per Sq Ft
- $443
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4201 Prevail Ln, whoever represented it.
- PendingListed 2026Current price: $1,700,052Original list: $1,700,052MLS 3132130
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $1,700,052
- Original list
- $1,700,052
- Price movement
- No verified reduction
- Listed / DOM
- Jan 6, 2026 · 282 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $51,398
- Assessment Year
- 2025
- Parcel ID
- 000000973894
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $51,398 | $51,398 | — |
Zoned Schools
Austin
O Henry
Bryker Woods
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T14:37:01.126+00:00; normalized from monthly dues.
20% ($340K)
Adjustable assumption - not a lending recommendation.
$1,700,052
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,700,052
Price per sqft
$443/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
282 days
Original to current
No verified reduction
$1.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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